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Bookkeeping Services in Coral Gables, FL

As a small business owner you have more important things to do than to keep your own books. As one of the top tax preparation firms in Coral Gables you can trust us to expertly manage your books for you, so you can get back to the job of running your business and generating profits!

Each month or quarter we'll do the following things for you...


These tasks form the solid foundation of your small business AccountingBookkeeping system. You can customize the package of Coral Gables tax services you receive by adding payroll, tax planning, tax preparation, or any of our other services including Quickbooks support .

Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, AccountingBookkeeping, and taxes up-to-date.

Having us reconcile your account each month allows you to...

  • Identify lost checks, lost deposits and unauthorized wire transactions.
  • Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
  • Detect and prevent embezzlement of funds from within your company.
  • Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
  • Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
  • Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
  • Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Income Statement

An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.

An income statement allows you to...

  • Track revenues and expenses so that you can determine the operating performance of your business.
  • Determine what areas of your business are over-budget or under-budget.
  • Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
  • Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
  • Determine your income tax liability.

Balance Sheet

A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.

A balance sheet helps you...

  • Quickly get a handle on the financial strength and capabilities of your business.
  • Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively.
  • Determine if your business is in a position to expand.
  • Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses?
  • Determine if you need to take immediate steps to bolster cash reserves?
  • Determine if your business has been slowing down payables to forestall an inevitable cash shortage?

Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.

Maintaining a Clean General Ledger

The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.

Unlimited Consultations

We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern.

Contact Paramount Tax & Accounting Coral Gables if you'd like to receive a Free Consultation on our Small Business AccountingBookkeeping Service.

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Hear Why Our Clients Love Us

  • Mindy Reinoso
    I had a great experience with Paramount Tax. Their team demonstrated a high level of professionalism and integrity throughout the entire process. They were clear, responsive, and took the time to ensure everything was handled accurately and efficiently. It’s not always easy to find a team you can truly trust with your finances, but Paramount Tax exceeded my expectations. I highly recommend their services to anyone looking for reliable and honest tax professionals.
  • Cesar Montes
    (Translated by Google) Excellent and professional service. They answer questions clearly and take the time to review and explain the declaration in detail. (Original) Excelente servicio y profesional. Responden claramente las dudas y se dedican a revisar y explicar la declaración al detalle.
  • Aaron Murphy
    I had a great experience with Paramount Tax. They were extremely responsive and took the time to walk me through my entire tax situation in a way that was easy to understand. What really stood out was that they didn’t just file my taxes—they also provided helpful strategies for the upcoming tax year and beyond. I highly recommend them to anyone looking for knowledgeable and proactive tax professionals.
  • Rachel K. Greene
    I appreciated them getting us in for a tax prep appointment really quickly and subsequently helping us resolve any complications before filing for us. They made our tax filing process so much quicker and painless than when we’ve done it on our own. Grateful for their help!
  • Jamie's Home Sweet Home
    A shout out to Talena she really cares her clients! Thank you for taking care of us!
  • Elizabeth Gutaj
    Highly recommend Jeffrey! He answers all of my questions and concerns and is so helpful and professional.
  • Brooks Marshall
    Sarah and Derrin were amazing. Both were really great. They’ve got me as client for life! Beyond grateful for them.
  • Debbie Rice
    I've been going to Paramount tax for about 10 years. They do a great job and go above and beyond for me.
  • Daniel Brower
    Five Stars
  • Kelly Herwig
    Professional, fast, and thorough!
  • Evans family Learners Evans
    Great service Doug is wonderful and and helpful
  • Noah Smith
    My experience here was top-tier! Jared and Braden helped me out with my taxes and I could not have asked for a better experience. It was my first time filing and they made things so easy and I recommend it to anyone get a discount.
  • Mckie Delahunty
    I have been so impressed with the help of Braden at Paramount Taxes. He had taken multiple phone calls and emails since we established a connection 6 months ago which was above and beyond. He helped me figure out my taxes and their process/method is much easier and clean compared to my previous experiences with other companies. Thanks for the help Braden.
  • Esther Lai
    This is our third or fourth year filing our taxes here, and we highly recommend them. Everyone is professional and friendly, and we always enjoy meeting with them during tax season. The client portal is also excellent and makes communication easy whenever we have questions. We will definitely continue filing our taxes here.
  • Wonderful World Doodles
    Went to Paramount in Draper for the first time and had a fabulous experience! They really took the time to go through each business expense category of my breeding business and put things in the right place for taxes and helped me think of all the things I should be doing for tax write offs that I may not have thought of. They were super friendly and detail oriented and truly felt they cared and I wasn’t just one more client. They were really knowledgeable and I felt like I could trust them. I highly recommend them! I can’t remember the names now of the two men that helped me but they were awesome!
  • Kim dunford
    We did our first year of business taxes with Jared and Braiden. They were FANTASTIC! They took time for all our questions and helped us make the best decisions for our business. Really happy with service we received.
  • Jonah Armstrong
    Met with Alex Knaphus! He was absolutely was brilliant in helping me with taxes. I couldn’t recommend him enough!
  • Curtis Burk
    That were able to take care of all our needs. They were friendly and professional.
  • Erick Olivas
    Braden and Jared made the process painless and efficient for us. This is our first year doing our taxes with them and we will for sure be returning for the years to come. They were very professional and fun to be around. Thank you guys!
  • Trish Duncan Amen
    Maggie is exceptional. She’s responsive, kind, and incredibly thorough. For the first time, I feel like I completely trust someone with both my personal and business tax preparation. She takes the time to explain things clearly and makes what can be a stressful process feel straightforward and manageable. I highly recommend Maggie to anyone looking for a knowledgeable and reliable accountant.
Coral Gables, FL Tax Review

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Paramount Experience


Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and accountingbookkeeping firm, such as Paramount Tax & Accounting Coral Gables, is that our firm utilizes the services of licensed professionals.

Paramount has worked hard to create relationships to deliver the value that our clients expect. In fact, our goal is to be the No. 1 firm in Coral Gables. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting Coral Gables!

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Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accountingbookkeeping firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accountingbookkeeping firm utilizes licensed professionals, who can not only advise individuals on personal financial matters but who are qualified to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics. Our strict standards ensure that we understand the complicated tax laws and how to implement strategies that return the most benefits to individuals and businesses. Give Paramount Tax & Accounting Coral Gables a call or visit our tax and accountingbookkeeping firm in Coral Gables for a free consultation.

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Coral Gables, FL Tax Services

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